Gary Cohen & BH3 Hit the Mark with Privé at Island Estates (Photo Tour)

There are plenty of developments that miss the mark when it comes to bringing a 2-dimensional rendering to real life. That’s why it’s so refreshing when a newly completed development exceeds expectations, as was the case earlier today as I toured Privé at Island Estates.

Privé is an 8-acre development located on its own private island at 5000 and 5500 Island Estates Drive in Aventura, Florida. Designed by award-winning architecture firm Sieger Suarez, Prive is comprised of two twin towers, each rising 16 stories and with 74 residential units…and the floor plans are huge! The non-penthouse units range in size from 2,585 square feet to more than 9,000 square feet, each with 10-foot high ceilings and 10-foot deep terraces with summer kitchens, while the penthouse residences range in size from 4,238 to 16,104 square feet, each with 15-foot high ceilings and a private rooftop terrace with summer kitchen and a full-size pool. All of the units are flow-through residences with terraces on each side and water views from every room.

As the development’s name implies, privacy is a key selling point for Privé, as is security. As I made my way to the building this morning, I passed three separate security checkpoints, along with a number of roving and permanent security guards. If you’re someone of celebrity status and/or who values their privacy, going for stroll or jog around the island is no problem.

Privé offers over 70,000 square feet of indoor amenities, which include:

• 10,000 square foot, two-story Spa and Fitness Center (in each tower) with Men’s and Women’s sauna and steam rooms, massage treatments rooms, aerobic and cardiovascular equipment, weight facility, and fitness studio
• Private Dining Room
• Social Room with billiards, board games, and HD television
• Teen Social Lounge
• Outdoor Dining Terraces
• Wine Room, Cigar Lounge, and Business Center
• Library
• Toddler’s Playroom

Additionally, Privé residents can enjoy a slew of outdoor amenities, which include:

• Full-service Valet
• Five-star Concierge
• 24-hour Security (roving and permanent)
• Poolside Cafe
• Beach-entry Pool
• North-South Lap Pool with towel, sunblock, and water service
• Outdoor Jacuzzis
• Private Marina with boat slips available for purchase
• Lighted Tennis Court
• Jogging Trail around the island
• Private Jetty for guest boat landing and fishing
• Nature Path
• Private Beach & Beach Club (subject to DERM approval and all other applicable government agencies)
• Pet Grooming Arena
• Car Washing Station
• Kids’ Playground

According to a developer rep, Prive enjoyed $20M in NEW sales in the month of December alone. Judging from what I saw earlier today, I don’t doubt it one bit. If you’re in the market for a large residence and have $2M to $8M to spend, I highly suggest that you check out this development.

Closings in the North Tower began on December 7th. South Tower closings are expected to begin this month. There are around 35 developer units remaining at Prive, which range in price from $2.3M to $8.3M, averaging around $950 per square foot (a fraction of what you’d find at a comparable development on the beach but with way more privacy and exclusivity). Email us at [email protected] or call us at 305-428-3860 to schedule a tour.

Art Basel Special: Top Miami Trophy Properties Day 5

For our final installment of the Art Basel Trophy Property series, we bring you Miami’s last private island. Privé Island in Aventura has received its certificate of occupancy and is now ready for closings!

Just off of Williams Island in Aventura is Privé Island and its twin 16-story towers with 80 units apiece. In order to arrive at the island, you must first go through three levels of security, and that doesn’t even include the security required in order to get into your unit! First, there is a guard gate at the entrance of Williams Island, then another gatehouse as you approach the Island Estates, and finally a gate house for Privé Island.

Remaining purchase opportunities are available from $2.3 million.

Prive in Aventura Prepares To Open In July 2017

When we took our hard-hat tour of Prive Residences in Aventura last summer, the project was still very much a construction site. They have been hard at work since that day, because the development is scheduled to open in July, right on schedule.

Prive is situated on a private island behind three levels of security and offers a serene luxury island lifestyle that is still very convenient to city life. There are still some purchase opportunities available, priced between $850/square foot up to $1,200/square foot.

Have a look at the updated renderings of what the project will look like when completed.

The location & entry:

Amenities:

The Residences:

Reserve Collection Residence:

Check Out Construction at Privé, Which Has Topped Off & Finishes Next Summer

Photos by Sean McCaughan.

On Thursday, we at Miami Condo Investments went to check out the construction progress at Privé at Island Estates. The twin 16-story towers, designed by Sieger Suarez, reached their full heights on the 27th, which the project announced on its Facebook page. Both of them. So, what else to say about these twinsies?

Well, they are on their own private island behind three levels of security. First you enter Williams Island in Aventura, then the gatehouse at Island Estates, which is an island off Williams Island, and  finally, the security of Prive itself. Every unit has private elevator access, which means views to the east and west, and often north and south as well. Being on an island, in the middle of its bay, Alcatraz-style, Prive has really expansive views south to Miami and Miami Beach, east to the ocean, and north to the rest of Aventura. It will also have a marina, two pools, a tennis court, a children’s playroom, a jogging trail, a nature path, a private jetty, and expansive indoor and outdoor public spaces. The indoor public spaces alone will total approximately 70,000 square feet, with huge fitness centers and spas in each tower, social rooms, teen social lounges, a private dining room, a wine room and cigar lounge, a business center, and guest suites.

Privé is scheduled to be completed next summer, and is currently over 60% sold. Units range from 2,621 square feet and up, and are selling for about $850 per square foot to over $1,200. And yes, the sidewalk permit situation is all taken care of.